Correlation
of % moves
+93%
In sync
of periods
41%
History
daysdays · through 2026-04-30
142
These move in the same direction about 41% of the time
When one swings, the other almost always swings by a closely matched amount (~86% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Unusual right now
Recently looser than usual — the pair is behaving differently than its long-run pattern.
Tighter in drawdowns
The relationship is stronger when both prices are falling than when both are rising — typical risk-off behaviour.
Flips between sync and inverse
Sometimes the two move together, sometimes opposite. Don't treat this as a stable signal.
Explore
Advanced
Statistics
In sync(i)
40.8%
Headline metric
Movement correlation(i)
+93%
Based on % moves
95% CI
+90% → +95%
Likely range of correlation
Pipeline
Pipeline Summary
142 paired data points survived the daily window.
Raw input
645
786
Normalized
645
786
Prepared
645
786
Aligned
142
142
Invalid removed
R²(i)
86.1%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
142
Usable
Time-Shifted Correlation
See how correlation changes when one series is offset in time. A taller bar at a non-zero shift means the two move together better when one leads the other — that's a potential lead/lag signal.
Correlation by shift
Click a bar to inspect. Range: -6 to 6 days.
Selected shift
No shift
Correlation at this shift
+93%
No shift — both series at their actual dates.
142 overlapping points at this shift
Baseline
+93%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+93%
A non-zero peak suggests one series lines up better when shifted against the other.
Stability
How the correlation evolves over time. A stable line means the relationship is reliable; large swings signal regime-dependent behavior.
Do They Crash Together?
How these series behave when markets are rising, falling, or diverging. A correlation that holds in drawdowns is very different from one that only works in rallies.
Both Rising
-33%
29 periods · Return correlation when both series rose
Both Falling
+99%
24 periods · Return correlation when both series fell
Diverging
-60%
88 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
1,147
A: 503 / B: 644
Series A
FISV
Stock · 645 raw → 645 prepared
Series B
HY Bond Spread
BAMLH0A0HYM2
FRED · 786 raw → 786 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
0.0295
Linear regression slope.
Intercept
1.1235
Linear regression intercept.
Saved 2 days ago · ID: fred-bamlh0a0hym2_stock-fisv_5y
Explore
Top 10 by absolute correlation
Ranked across both sides of this comparison using the same dense row format as the single-symbol correlations view.